Is it worth hanging on to PBYI whose PPS has shot up from $54 to above $200, while its 2015 EPS -$4.14 & 5 year growth -37.70
Won't it be wise to sell PBYI and buy AMAG with 2015 EPS 6.12 & 5 year growth 71%
a mf with this as the top holding - good luck finding that. Best bet for this stock is to find someone to buy it, but doubt that will happen as they are out on the market selling more to boost their cash flow. But, if you like excitement and you have a lot of money - this is your baby.
I don't see how they think they can sell 1 million shares at $190 when the stock can't even hold that mark on the open market. They might be able to sell at about $175 and should really price at $150. This is your typical pump it way up, prop it up a while, offer a secondary, then it drops when the truth comes out. I'm stopping short of calling it a scam, but look at price activity for the last few days. How does this jump 10% right before the offering?
I have a choice:either I buy Puma big way or buy a mutual fund with Puma as one of the top holdings. I think it will be a combination of the two. BIO Sector will rebound sharply in 2015 and so will the Tech Sector, the Health Care and the Drug Makers. I may look into buying oil sector too but at the present it is on my watch list.
Sentiment: Strong Buy
Market cap is just an inflated number based on stock price. Practically pbyi has nothing: no product, no revenue. It has 153 mil, so this ipo worths more than 190 mil much more than the cash it owns.
Well, well, well. Cowen is one of brokers to do 2nd IPO for PBYI.
Do any one of you consider to take a 2nd mortgage of your house yet?
I just received the Prospectus from private banker at JP morgan. First large paragraph in the front page says. PBYIs most recent closing on NYSE Jan 16 was 215.52. They all worked together so that the day it was printed that was the price they wanted to print. Its absurd the manipulation but time has no mercy for manipulators. It has been great as a short but definately testing at times with the manipulation.